Project #85315 - Game Theory Analysis

In your first blogging exercise, I want you to write a blog post about an application of game theory from a movie (or television series) that you have seen. You will need to do all of the following:

  • First, you will need to provide a little background about the movie you are referencing (assuming people have not seen it) and then the specific scene or situation the characters find themselves in. A link to the movie's info, trailer, and even scene would be helpful to your fellow readers (besides Youtube, a good place to start your search would be imdb.com).
  • Second, provide as complete of a game theoretic analysis as you can of the situation in the movie, using all of the game theory you have learned up to this point (Ch. 1-6 in Thinking Strategically and Ch. 15 in Managerial Economics). This might involve making a game tree or table.
  • Third, discuss the solution to the game (or why there isn't a clear solution or Nash equilibrium). What did the character(s) do in the movie? What would have you done differently? Is there a dominant strategy? How might the game (or rules) be changed in order to resolve it better?
  • Fourth, read the other posts by your classmates and then make at least one comment on a classmate's post, saying how you would have played the game differently (than either the movie character or your classmate).

Grading: 

Originality of your post - 10 points
Accurate analysis of the game and correct usage of game theory - 10 points
Originality and accuracy of your comment - 5 points
Total - 25 points

Note: Originality of your choice of movie and your overall creativity is worth as much as the analysis. The goal of this exercise is to show how you can apply what you have learned to situations others might be familiar with, and the best blog posts put a lot of thought into this assignment.

Subject Business
Due By (Pacific Time) 10/06/2015 06:00 pm
Report DMCA
TutorRating
pallavi

Chat Now!

out of 1971 reviews
More..
amosmm

Chat Now!

out of 766 reviews
More..
PhyzKyd

Chat Now!

out of 1164 reviews
More..
rajdeep77

Chat Now!

out of 721 reviews
More..
sctys

Chat Now!

out of 1600 reviews
More..
sharadgreen

Chat Now!

out of 770 reviews
More..
topnotcher

Chat Now!

out of 766 reviews
More..
XXXIAO

Chat Now!

out of 680 reviews
More..
All Rights Reserved. Copyright by AceMyHW.com - Copyright Policy